The United States Maritime Alliance, the employer group that negotiates the master contract with the International Longshoremen's Association, called the ILA’s planned work stoppage threat “disturbing.”
The terminal operator increased spending from $70 million to $200 million in preparation for ultra large containerships.
Matson President and CEO Matt Cox said the Honolulu-based shipping company had “exceptional” results for the full year of 2015, while fourth quarter 2016 results were hindered by the increase in bunker fuel prices from mid-November through December.
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The International Longshoremen’s Association is calling for a shutdown of ports along the Atlantic and Gulf Coasts, and a march in Washington.
The outbound cross-border eCommerce distribution center is scheduled to be built by April 2017 in Narita, Japan.
Deutsche Post DHL Group and information and communications technology solutions provider Huawei Technologies are teaming up to develop a range of supply chain solutions using industrial-grade Internet of Things hardware and infrastructure.